Difference between revisions of "Oversight Board/Finances/Readme"

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(Created page with "Understanding formatting of financial information:")
 
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Understanding formatting of financial information:
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==Understanding formatting of financial information==
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Assets = Income - Expenses
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'''Explanation of Positive versus Negative values in Balance column'''
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Money in the bank = Positive Asset Values
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Money spent = Positive Expenses Values
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Money deposited = Negative Income Values

Revision as of 18:05, 13 December 2010

Understanding formatting of financial information

Assets = Income - Expenses


Explanation of Positive versus Negative values in Balance column

Money in the bank = Positive Asset Values

Money spent = Positive Expenses Values

Money deposited = Negative Income Values